Posted by jordan on Thursday, May 9, 2013 at 5:32pm.
You want to explain to your friend that your bank’s interest rate has gone down from 1.2% to 0.3%. Which sentence below has the correct meaning?
A)My interest rate has decreased 25%.
B)My interest rate has decreased 0.9 percentage points.
C)My interest rate is 0.9% of what it was before.
D)My interest rate has decreased 0.9%.

math  PsyDAG, Friday, May 10, 2013 at 3:31pm
1.2%  .3% = ?%
Answer This Question
Related Questions
 help  The interest rate on a second mortgage was5 7/8 % last month. This month ...
 SS  Rohan has 100 dollars that he wants to save in a bank. Bank A offers two ...
 macro  Assume that the utility function of a consumer is given by U = ln c1 + ...
 Math  Are these correct ?. My grade counts on this and I'm not the best at math...
 Social Studies  I was wondering if I could check my answers with someone. I'm a...
 math  The interest rate on an equity line of credit was 7 and 5/8 % last month...
 Math  Interest is a concept familiar to most people: every credit card in ...
 Math  Interest is a concept familiar to most people: every credit card in ...
 AP Macroeconomics  3. You buy a certificate of deposit (CD) that pays a nominal...
 math review question  The interest rate on an equity line of credit was 6 3/4...
More Related Questions